World Perspectives

No is Not a Policy; Fame and Combat; Dazed and Confused

No is Not a Policy The U.S. announced in Geneva that there will not be a ministerial declaration in Buenos Aires later this year. This would be the first time for such a vacuum coming out of a ministerial and reflects the Trump administration once again putting on its black hat. Members looked askance when India used such leverage in a consensus-based organization to achieve its desired concessions, but better form is expected of a developed country. Still, the problem is not the tactic but the lack of a goal. It would have been better for the Trump administration to have demanded that a trade liberalization organization like the WTO deliver an aggressive reduction in trade barriers, and then pick up its toys and go home when the organizat...

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Market Commentary: Grains, Soyoil Sink in Pre-Holiday Trade; Soybeans, Cattle Strengthen

Pre-Thanksgiving trade is usually a light-volume, range-bound affair with few fireworks, but this year’s market action offered more interest than most. Corn futures indeed traded a tight range, but did so with surprisingly heavy volume that likely belies a rash of fund selling. Fund selling was...

Happy Thanksgiving

U.S. financial markets are closed for the U.S. Thanksgiving holiday on Thursday, 28 November. Consequently, WPI’s offices will be closed as well and no issue of Ag Perspectives will be published. Ag Perspectives will resume Friday, 29 November. We wish everyone a happy holiday! ...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.28/bushel, up $0 from yesterday's close. Mar 25 Wheat closed at $5.485/bushel, down $0.095 from yesterday's close. Jan 25 Soybeans closed at $9.8875/bushel, up $0.0525 from yesterday's close. Jan 25 Soymeal closed at $295.4/short ton, up $4 from yesterday...

feed-grains soy-oilseeds wheat

Market Commentary: Grains, Soyoil Sink in Pre-Holiday Trade; Soybeans, Cattle Strengthen

Pre-Thanksgiving trade is usually a light-volume, range-bound affair with few fireworks, but this year’s market action offered more interest than most. Corn futures indeed traded a tight range, but did so with surprisingly heavy volume that likely belies a rash of fund selling. Fund selling was...

Happy Thanksgiving

U.S. financial markets are closed for the U.S. Thanksgiving holiday on Thursday, 28 November. Consequently, WPI’s offices will be closed as well and no issue of Ag Perspectives will be published. Ag Perspectives will resume Friday, 29 November. We wish everyone a happy holiday! ...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.28/bushel, up $0 from yesterday's close. Mar 25 Wheat closed at $5.485/bushel, down $0.095 from yesterday's close. Jan 25 Soybeans closed at $9.8875/bushel, up $0.0525 from yesterday's close. Jan 25 Soymeal closed at $295.4/short ton, up $4 from yesterday...

USTR Nominee; Changing Eating Habits

USTR NomineeTariffs are President-Elect Trumps most repeated policy focus but his selection of the next U.S. Trade Representative came nearly last. At least Jamieson Greer is a somewhat known quantity. World Trade Online says, “Stakeholders see what they want to see in Greer as USTR.” Having se...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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